A tour group walks through the campus of Harvard University in August 2012. The Republican tax bill would apply a 1.4 percent excise tax on the endowment earnings of approximately 70 colleges and universities with the largest per student endowments.
A tour group walks through the campus of Harvard University in August 2012. The Republican tax bill would apply a 1.4 percent excise tax on the endowment earnings of approximately 70 colleges and universities with the largest per student endowments. Elise Amendola AP
A tour group walks through the campus of Harvard University in August 2012. The Republican tax bill would apply a 1.4 percent excise tax on the endowment earnings of approximately 70 colleges and universities with the largest per student endowments. Elise Amendola AP

The GOP tax bill represents a raid on university endowments

November 08, 2017 08:00 PM

UPDATED November 09, 2017 03:34 PM

More Videos

  • Sebastian Gorka speech at UNC draws protesters

    Trump advisor Sebastian Gorka's speech at UNC Monday night, Nov. 13, 2017 draws protesters including Deborah Friedman, of Durham, arguing with Andrew Curley, a post doc in geography at UNC about Israel and Palestine.